Tagged: ransomware

African Countries Most At Risk of Ransomware and Cryptomining Attacks

Microsoft has found that ransomware and cryptomining hackers are finding the most success in Ethiopia, Cameroon, Tanzania and Zambia, while the UAE, South Africa and Namibia have proven themselves as the most secure nations in Africa and the Middle East when it comes to repelling cryptocurrency-motivated… Read More

Recent Crypto Ransomware Attacks Show Real Estate Sector Should Be Taking the Threat Seriously

Two recent ransomware attacks on real estate companies may exemplify recent claims from cybersecurity experts that hackers are increasingly targeting medium-sized and smaller companies as larger entities tighten their online security. In January of this year, cybersecurity staff from BoostIT and workers at a real… Read More

Preventing and Overcoming Ransomware Attacks

A number of high-profile ransomware attacks in the early months of this year have put a spotlight on the importance of firms working to prevent them. In March, operations at Norwegian aluminum producer Norsk Hydro and American chemical companies Hexion and Momentive were interrupted by… Read More

Citing “Act of War” Clauses, Insurers Refusing to Compensate Firms Hit in Ransomware Attacks

Global insurance firm Hiscox is the now second insurance firm known to have refused to pay out a company damaged in a NotPetya cyberattack, Verdict reports. It is believed that Hiscox has made the refusal because the Russian government was accused by the UK of… Read More

Two US Chemical Firms Hobbled by Same Ransomware as Norsk Hydro

Operations at the American chemical firms Hexion and Momentive were disrupted March 12th when company computer systems were locked up by LockerGoga ransomware, Motherboard reports. LockerGoga is the same ransomware experts believe was used to cripple operations at American and European aluminum smelters run by… Read More

Norsk Hydro Metal Production Shut Down by Ransomware Attack

Norwegian aluminum producer Norsk Hydro says a ransomware attack that started late Monday night interrupted production at company facilities in North America and Europe, Bloomberg reports. Unknown attackers reportedly switched “potlines” to manual mode during the attack. Potlines are used to keep metal molten and… Read More

Georgia County Pays $400 000 in Bitcoins to Repel Ryuk Ransomware Attack

Officials in Jackson County, Georgia, have relented and paid a $400 000 ransom in bitcoins to restore county IT systems disabled by Ryuk ransomware since March 1st, Bank Info Security reports. The FBI and local law enforcement are now investigating the attack. Jackson County now… Read More

Ryuk Ransomware Attack Causes Delays at Boston Public Defenders’ Office

Ryuk ransomware has been used to lock up files at Boston’s Committee for Public Counsel Services, a public defenders office that provides lawyers to those who cannot afford them, The Boston Globe reports. Fortunately, the agency was able to refuse to pay a cryptocurrency ransom… Read More

Ransomware Defense: Tips for Small Businesses

2018 was an eventful year for ransomware attacks on North American soil and elsewhere. In November, the American Justice Department indicted two Iranians for alleged ransomware attacks on 200 government, institutional and private targets in the US, including an attack on the Port of San… Read More

Records of 15 000 Heart Patients Compromised in Crypto Ransom Attack

In January, a private heart clinic located in a Melbourne’s Cabrini hospital had 15 000 patients’ medical records locked in a ransomware attack that emanated from Russia or North Korea, 9News reports. A cryptocurrency ransom to unlock the data was subsequently demanded. The records were… Read More

Beware the Ransomware-Laden Romantic Email

Be careful: that romantic email from an unknown suitor could end up grabbing your data. So say cybersecurity researchers at the Mimecast Threat Labs, who warned the public this week that random emails offering gifts, flowers or other friendly gestures may contain infectious links designed… Read More

Ryuk Ransomware Attack on Major US Newspapers Came from Russia, Not North Korea, Researchers Say

Researchers at Crowdstrike, FireEye, Kryptos Logic, and McAfee are all reporting that ransomware known as Ryuk is, in fact, being proliferated by professional hack groups in Russia, and not by North Koreans, ZDNet reports. According to the outlet: “The era of individual ransomware operations appears to be ending, with fewer… Read More

Unpatched Microsoft Systems Vulnerable to Crypto Mining and Other Malware Attacks, Experts Warn

Malware leaked from the NSA’s tool chest over a year ago is now being used to mine cryptocurrencies secretly on infected Windows systems, TechCrunch reports, and worse attacks could follow if enterprises and governments don’t patch the vulnerability. The problem began in April 2017, when… Read More

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